Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
Once the new income tax bill, which Union Finance Minister Nirmala Sitharaman had mentioned while delivering the Budget ...
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
Takeaways From India's Budget ... starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax bill next week. “The new structure will ...